Tag: Finance Ministry

MSME Ministry Requested Finance Ministry to Allot 10000 Crore for Equity Investments
LimeLight, News

MSME Ministry Requested Finance Ministry to Allot 10000 Crore for Equity Investments

SMEStreet Desk- October 3, 2019

''We will buy 10 per cent equity in MSME companies on behalf on of the government and once the prices of shares go up, we ... Read More

Tax Sops By Govt Will Fuel Auto Industry’s Growth
News, Automotive

Tax Sops By Govt Will Fuel Auto Industry’s Growth

SME STREET- October 2, 2019

Market observers contended that reducing effective corporate tax rate to 25.17 per cent (inclusive of all cess and surcharges) from 30 per cent for all ... Read More

Total Govt’s Liabilities Rise to Rs 84.6 Lakh Crore in Q1: Finance Ministry
LimeLight

Total Govt’s Liabilities Rise to Rs 84.6 Lakh Crore in Q1: Finance Ministry

SME STREET- September 27, 2019

"Nearly 28.9 per cent of the outstanding dated securities had a residual maturity of less than 5 years. The holding pattern indicates a share of ... Read More

Finance Ministry urged Banks Not To Declare Stressed MSMEs as NPAs till March 2020
Banking & Finance, Finance

Finance Ministry urged Banks Not To Declare Stressed MSMEs as NPAs till March 2020

SMEStreet Desk- September 20, 2019

At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Reserve Bank that provides ... Read More

MSMEs Want Finance Ministry to Make Progressive Corporate Tax Structure
LimeLight, Banking & Finance

MSMEs Want Finance Ministry to Make Progressive Corporate Tax Structure

SMEStreet Desk- June 14, 2019

The Union Minister of Finance Nirmala Sitharaman held her third Pre- Budget Consultation Meeting with the stakeholders from the financial sector and capital markets. In ... Read More

Finance Ministry Starts Preparation for Fresh Banking Consolidation
InFocus, Banking & Finance

Finance Ministry Starts Preparation for Fresh Banking Consolidation

SMEStreet Desk- May 28, 2019

“The next round of bank consolidation may take place in the third quarter of FY20 as enough room has to be given to PSBs to ... Read More

Govt Indicated Slow Economic Growth for FY 2018-19
InFocus, Finance

Govt Indicated Slow Economic Growth for FY 2018-19

SMEStreet Desk- May 4, 2019

“India’s economy appears to have slowed down slightly in 2018-19. The proximate factors responsible for this slowdown include declining growth of private consumption, tepid increase ... Read More